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We are experiencing a dynamic e-business environment with both failing and successful companies evolving or reinventing their business models. For example, recently one of the largest big-tech companies decided their core business was not their main focus anymore and they even changed their name and logo. This creates challenges but also new opportunities for daring new entrepreneurs. Explore various forms of e-business and identify some promising new business models. These e-business business models do not have to be exclusively online. From these promising new business models identify the one that you would choose to replicate or use as a basis for further development and chose which country or countries you would focus on. Answer the following questions:
Identify 5 promising new e-commerce business models, describe them briefly and explain why you chose them. At least one should be from finance, one B2C and one B2B. The e-business model does not need to be entirely new, but it should be innovative in some way.
Select the one of the five business models you would want to utilize and which countries you would focus on first. Consider the likely challenges and how you would overcome them.
Which is the most critical part of this business model, and which is the most critical technology?